Here are five stats that all ASC and health system leaders need to know about the current and future state of the supply chain:
- Supply costs accounted for 13% of hospitals’ expenses in 2024. Total hospital expenses in 2024 grew 5.1%.
- Medical supply chain costs are projected to increase 2.41% in 2026.
- Indirect spend categories, such as IT, are also expected to see increases.
- More than 80% of providers expect tariff-related import expenses to increase in hospitals and health systems by 15% in the next six months.
- Medicare improperly paid $22.7 million to suppliers from 2018 to 2024 for durable medical equipment, prosthetics, orthotics and supplies provided to enrollees during inpatient stays, according to a federal audit.
